YTL Corp 3Q net profit falls 15.5% on weaker power division, boosted by cement segment
YTL Corp Bhd reported a 15.5% decline in net profit to RM419.38 million for the third quarter ended March 31, 2025 (3Q25), primarily due to weaker results from its utilities segment via YTL Power International.
YTL Power's net profit dropped 30% to RM489.41 million, impacted by lower power prices and a stronger ringgit.
However, this was partly offset by a strong performance from its cement segment, Malayan Cement, which saw an 80.6% profit surge to RM182.84 million, driven by operational efficiencies and acquisition gains.
Revenue for the quarter edged up 1.5% to RM7.32 billion.
For the first nine months of FY2025, net profit fell 17.1% to RM1.33 billion while revenue rose 4% to RM23.15 billion.
The group expects stable performance from its cement and utilities segments moving forward. –TMR
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Press kit 175 Years of HEIDELBERG - Home of Print | HEIDELBERG Image material and further information about the company are available in the Investor Relations portal and Press Lounge of Heidelberger Druckmaschinen AG at Important note: This press release contains forward-looking statements based on assumptions and estimates made by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even if the company management is of the opinion that these assumptions and estimates are accurate, actual future developments and future actual results may deviate considerably from these assumptions and estimates due to a variety of factors. These factors may include, for example, changes in the overall economic situation, exchange rates and interest rates as well as changes within the graphic arts industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability that future developments and the actual results achieved in the future will correspond to the assumptions and estimates made in this press release.
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